A Conspiracy of Counterfeiters

By Patrick J. Buchanan “Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.” “Lenin was certainly right,” John Maynard Keynes continued in his […]

The View From Martha’s Vineyard

By Patrick J. Buchanan As he and his daughters bicycle around the summer playground of the Northeastern elite, Martha’s Vineyard, President Obama is steadily bleeding away both the support of the nation and that of his most loyal constituency. Several times, his approval rating in Gallup’s daily tracking poll has sunk to 39 percent, with […]

Mitt’s Dilemma

By Patrick J. Buchanan Last week’s Republican debate at Ames, Iowa, and the straw poll Saturday did more than sort out the Republican field for 2012. They have given the nation a good close look at a Republican Party that no longer resembles the Bush-McCain model. Consider. Michele Bachmann and Ron Paul, who garnered nearly […]

Who’s Really Downgrading America?

By Patrick J. Buchanan The decision by Standard & Poor’s to strip the United States of its AAA credit rating, for the first time, has triggered a barrage of catcalls against the umpire from the press box and Obamaites. S&P, we are reminded, was giving A ratings to banks like Lehman Brothers, whose books were […]

Fiscal Hawks vs. Security Hawks

By Patrick J. Buchanan The Republican Party is a stool that stands on three legs: social conservatives, economic conservatives and foreign policy conservatives. Yet since Ronald Reagan departed and George W. Bush arrived, that coalition has been under a growing strain that may yet pull it apart and redefine what conservatism means in 21st century […]

The Day of the Hobbits

By Patrick J. Buchanan Mocked by The Wall Street Journal and Sen. John McCain as the little people of the “Lord of the Rings” books, the tea party “Hobbits” are indeed returning to Middle Earth — to nail the coonskin to the wall. As even the Journal concedes, the final deal to raise the debt […]